Welcome back! Why do you think it is a dry hole? They don't need to drill the required depth to find oil. They can hit it at different levels. Even if the amount of BPOE is low, they can work from their to tap into another deposit. I'm sure anyone familiar with the area or near the project won't provide us any updates on here. I just have a feeling that something good can come out of this well. They need a home run and they wouldn't keep drilling at this point and spend any more money unless they have a good indication that this investment was worth it.
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